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华瑞股份(300626) - 2020 Q1 - 季度财报
HuaRuiHuaRui(SZ:300626)2020-04-26 16:00

Financial Performance - Total revenue for Q1 2020 was ¥120,578,200.50, a decrease of 37.47% compared to ¥192,833,167.81 in the same period last year[7] - Net profit attributable to shareholders was ¥4,270,541.29, down 23.60% from ¥5,590,031.52 year-on-year[7] - Net profit excluding non-recurring gains and losses was -¥1,428,006.34, a decline of 127.52% compared to ¥5,188,038.08 in the previous year[7] - Basic earnings per share decreased by 20.00% to ¥0.024 from ¥0.030 year-on-year[7] - The company's operating revenue for Q1 2020 was CNY 120.58 million, a decrease of 37.47% compared to CNY 192.83 million in Q1 2019, primarily due to the impact of the COVID-19 pandemic on sales volume[22] - The company reported a net profit of CNY 226,992,302.64 as of March 31, 2020, compared to CNY 222,721,761.35 at the end of 2019, reflecting a growth of about 1.0%[41] - Total operating revenue for the current period is $120,578,200.50, a decrease of approximately 37.5% from $192,833,167.81 in the previous period[46] - Net profit for the current period is $4,270,541.29, a decline of approximately 23.6% compared to $5,590,031.52 in the previous period[48] - Operating profit for the current period is $5,493,555.80, down from $6,689,918.18, representing a decline of about 17.8%[48] Cash Flow and Assets - Net cash flow from operating activities was -¥6,141,309.88, a decrease of 109.58% from ¥64,133,438.96 in the same period last year[7] - Cash received from sales of goods and services was CNY 142.94 million, a decrease of 32.72% from CNY 212.44 million in the previous year, mainly due to reduced sales volume during the pandemic[24] - The company's cash and cash equivalents decreased by 38.39% to CNY 65.99 million from CNY 107.11 million at the beginning of the year, primarily due to repayment of short-term loans[20] - The total cash flow from operating activities decreased to $142,936,676.30 from $212,441,201.48, reflecting a decline of approximately 32.6%[55] - The total cash and cash equivalents at the end of the period were 32,776,701.48 CNY, down from 95,734,452.12 CNY at the end of the previous year[60] - The company received 108,071,288.03 CNY from sales of goods and services, a decrease from 140,221,648.80 CNY year-on-year[58] - The company paid 113,022,701.69 CNY for goods and services, which is an increase from 63,983,220.24 CNY in the previous year[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥916,069,622.06, down 8.24% from ¥998,284,928.18 at the end of the previous year[7] - Current assets totaled CNY 491,532,434.30, down from CNY 537,627,239.77, indicating a decrease of about 8.6%[38] - Total liabilities decreased to CNY 368,579,733.22 from CNY 455,065,580.63, a reduction of about 19.0%[40] - Current liabilities decreased to CNY 349,638,413.37 from CNY 402,755,203.30, indicating a decrease of approximately 13.2%[40] - Non-current liabilities decreased significantly from CNY 52,310,377.33 to CNY 18,941,319.85, a decline of about 63.8%[40] - Total equity increased slightly to CNY 547,489,888.84 from CNY 543,219,347.55, an increase of approximately 0.5%[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,048[11] - The largest shareholder, Sun Ruiliang, holds 40.96% of the shares, amounting to 73,732,500 shares, with 55,299,375 shares pledged[11] Non-Recurring Gains and Risks - The company reported non-recurring gains of ¥5,698,547.63, primarily from non-current asset disposal gains and government subsidies[8] - The company faced risks from uncontrollable external factors, including the complex international political situation and the ongoing COVID-19 pandemic, which could adversely affect export business and overall performance[26] - The company is closely monitoring raw material price fluctuations, as costs for copper and other materials account for over 50% of production costs, impacting gross margins significantly[26] Fund Management - The total amount of raised funds is CNY 15,215.2 million, with no funds utilized in the current quarter[29] - Cumulative investment of raised funds amounts to CNY 9,166.82 million, representing 60.3% of the total raised[31] - The company has not experienced any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27] - There are no violations regarding external guarantees during the reporting period[33] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[34] - The company plans to use part of the idle raised funds, not exceeding CNY 4,500 million, to temporarily supplement working capital[32] - The project for producing 7,500 million high-performance commutators has been adjusted to adapt to market conditions[31] - The expected economic benefits of the project for producing 3,000 million all-plastic commutators have not been realized due to market growth not meeting design expectations[31]